Reputation & Feedback
Zopa is well-known and well-trusted. ReviewCentre gives them a 4.9 of 5, after hundreds of user reviews. Like all P2P lenders in the UK, they are regulated by the FCA. With more than a decade of operation, there is nary an older P2P lender to be found. Zopa has been a model to many other similar companies which have emerged since its inception.
Zopa’s rise and continued success has been recognized by The Guardian, Financial Times, and The Telegraph.
With advertised returns hovering around 5%, lenders won’t see wildly impressive yields with this company. But Zopa has among the best security measures against bad debt, with a default rate well beneath 2% and a refund policy (plus interest) for investors whose customers do default. It’s a strong option for a diversified portfolio and for investors seeking low-risk allocations.